UK car production slumps to lowest April levels since 1952 amid van factory closure and global trade turmoil
Britain’s car industry suffered its worst April in over 70 years, with new figures revealing a sharp fall in vehicle production that
Wealthier homeowners hit as banks raise mortgage rates amid inflation fears
High street banks have begun hiking mortgage rates for borrowers with large deposits, in a move that could add hundreds of pounds
Hiring revival in doubt as employer confidence wanes over tax rises and workers’ rights bill
Hopes for a sustained recovery in UK hiring “hang in the balance” as employer sentiment is hit by concerns over rising payroll
Ministers to gain power to mandate pension fund investment in UK assets
Ministers are to be granted new powers to compel pension funds to invest in British assets, under plans set to be announced
The Cultural Consequences of Inflation
It is easy to think of inflation as just being economic in scope. Yet, as inflation becomes an expected part of the
Demand is rising for credit default swaps on US govt debt
As debt piles up, the cost of insuring exposure to U.S. government debt has been rising steadily.
Markets rally as US court blocks Trump tariffs, sparking hopes of trade policy reset
Global stock markets jumped and the dollar strengthened after a major US court ruling blocked President Trump’s sweeping new tariffs, throwing his
US court blocks Trump from imposing the bulk of his tariffs
MAGA wants a single man to be able to raise taxes without any checks on this power. Fortunately, the courts disagreed.